Weekly News Roundup 4-07-17
August 2019 Safest Betting Sites
Federal Sports Betting Ban
A decision on whether the Supreme Court will hear New Jersey’s case against the professional sports leagues and the NCAA will likely come by the end of June. ESPN reports that both parties will meet on Monday to discuss the issues of the case at the U.S. Office of the Solicitor General in Washington, D.C.
The solicitor general will then file a brief with the Supreme Court, which will then decide to hear the case. Trump recently nominated Noel Francisco to be the new U.S. solicitor general. It will be the new administration’s first foray into the legal questions surrounding PAPSA.
If the High Court decides to take New Jersey’s case, a decision could be expected as early as Fall 2017.
Dustin Johnson Withdraws from Masters
Dustin Johnson, the favorite to win the Masters this year, withdrew from the tournament just before he was about to tee off with a previously undisclosed back injury. Johnson garnered a lot of betting action (the most out of any golfer) to win the Masters in Vegas and at offshore sportsbooks.
Once a wager is accepted “all bets are action.” Only a few sportsbooks have caveats such as, “golfer must tee off” for the bet to have action.
According to ESPN, about half the sportsbooks refunded wagers placed on Johnson. These included Westgate, South Point, Wynn, Golden Nuggets, and Station Casinos. Sportsbooks run by MGM, Boyd Gaming, Caesars, Cantor Gaming, and William Hill opted not to cancel the tickets.
It was also a mixed bag when it comes to offshore sportsbooks. BetOnline.ag opted to refund all bets relating to Dustin Johnson. Bovada.lv, however, allowed the bets to stand and likely collected a hefty take from all the Johnson action.
Majority of NFL Fans Support Sports Betting
As reported by Legal Sports Report’s Dustin Gouker, NFL fans support changing federal gaming laws. Most fans support giving the power back to the states to decide on whether sports betting should be legal and regulated. Fans also said they would be more likely to bet on the NFL if it were legal. Also, not so shockingly, fans are more likely to watch and follow the league if they were betting on it regularly.